Market Wrap Up for Nov.15 (CAT, BHP, POT, MOS, AGU, UNP, more)

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According to a recent Mercer survey, workers are beginning to lower their expectations about how much of their current income they will be able to replace in retirement.

401k's and Social Security are being projected to provide lower returns for workers in their 50′s. Younger workers are slightly more upbeat on 401K investment returns, but expect much less financial help from Social Security. Either way, the confidence level continues to take a hit from the reality of how many are financially unprepared for their later years.

Dividend stock investing is one area that I hope can level the playing field for many people out there concerned about retirement. I talk about the power of compounding interest often when referring to investing in high-quality dividend-paying stocks for the long term. The example I like to use always is how someone invests a mere $50 per month - that's $600 per year - in dividend stocks from the age of 8 to 13, and re-invests those dividends, you would be accumulating over $1 million by the time you reach the age of 65 (based on historic annualized 11% returns for dividend stocks). The time is now to begin to embrace the task of building a nest egg and get yourself up to the challenge of just doing it.

Looking at today's market action, we saw a couple of big M&A deals with Caterpillar ( CAT ) and EMC Corp ( EMC ) on the acquirers' side. We also officially heard that BHP Billiton ( BHP ) will not pursue its takeover of Potash Corp ( POT ). It was a bit of a strange session as we looked as though we were going to be off to the races by early in the afternoon, but sellers reappeared and the averages fell off those highs. Fertilizer plays Mosaic ( MOS ) and Agrium ( AGU ) pulled back on the BHP/POT news. Union Pacific ( UNP ) held on to close in the green, following a Wall Street analyst upgrade.

I hope everyone had a great weekend, and be sure to check out the latest members-only Dividend.com Premium articles you may have missed from last week. Also, don't forget to check out new Investing Videos section. If you're newer to our site, you'll also want to view our "How to Use Our 'Best Dividend Stocks' List" video. And as always, check out our industry-leading Best Dividend Stocks list for the top dividend names to put money into right now.

Thanks for reading, and I'll see you tomorrow!

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: AGU , BHP , CAT , EMC , MOS , POT , UNP

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